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According to txcscopereview.com, a lesson plan for 6th graders in a public school government tasks the children to create a flag for a socialist country. Here's what it said exactly:

Notice socialist/communist nations use symbolism on their flags representing various aspects of their economic system. Imagine a new socialist nation is creating a flag and you have been put in charge of creating a flag. Use symbolism to represent aspects of socialism/communism on your flag. What kind of symbolism/colors would you use?

This is the example of the kids' created flag:

Good job for a bunch of brainwashed kids. But if you ask me, they were overthinking it a little bit because they could've just downloaded their assignment off the internet like regular kids. Instead of working so hard, they could've just downloaded a real live socialist flag right from the Obama campaign website:

Sheesh. How stupid kids are today? It's almost like schools aren't teaching them anything anymore.

Socialism has only ever failed to exist; read Hilaire Belloc. Socialism—the means of production in state hands while political liberty is retained—can't exist, total state ownership of capital is not compatible with political liberty. It always turns into communism (state-owned slavery) or fascism (the means of production in private hands but with lots of state interference, including claiming the right to dissolve free contracts purely for regulatory purposes).

This would be an okay assignment if they'd also make flags for other systems. Half the flags in Europe are variations on the Republican Tricolor; a bunch of the flags of northern Europe are just a cross on a field (or two crosses on a field, aka the Union Jack). There's a lot of tribal symbolism in African flags, and Islamic symbolism in some Asian flags.